PHEQ vs. RSP ETF Comparison

Comparison of Parametric Hedged Equity ETF (PHEQ) to Guggenheim S&P 500 Equal Weight ETF (RSP)

PHEQ

Parametric Hedged Equity ETF

PHEQ Description

The fund seeks to provide capital appreciation by investing its net assets in equity securities of certain U.S. large capitalization companies that are constituents of the Solactive GBS US 500 at the time of purchase.

Grade (RS Rating)

Last Trade

$29.38

Average Daily Volume

21,561

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

RSP

Guggenheim S&P 500 Equal Weight ETF

RSP Description

The investment seeks to replicate as closely as possible, before fees and expenses, the daily performance of the S&P 500 Equal Weight Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. It may hold up to 10% of its assets in securities not included in the underlying index. The underlying index is an unmanaged equal-weighted version of the S&P 500 Index, which is an unmanaged capitalization-weighted index comprised of 500 common stocks, chosen by "S&P" on a statistical basis. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.24

Average Daily Volume

5,539,324

Number of Holdings ^*

498

* may have additional holdings in another (foreign) market

Performance

Period	PHEQ	RSP
30 Days	1.73%	1.02%
60 Days	3.05%	4.54%
90 Days	4.04%	7.13%
12 Months	17.22%	27.47%

148 Overlapping Holdings

Symbol	Grade	Weight in PHEQ	Weight in RSP	Overlap
AAPL	C	6.78%	0.19%	0.19%
ABBV	F	0.87%	0.17%	0.17%
ABNB	C	0.15%	0.22%	0.15%
ABT	C	0.6%	0.19%	0.19%
ADBE	C	0.5%	0.19%	0.19%
AEE	B	0.3%	0.21%	0.21%
AKAM	F	0.17%	0.17%	0.17%
ALGN	D	0.06%	0.17%	0.06%
AMCR	D	0.21%	0.18%	0.18%
AMD	F	0.54%	0.18%	0.18%
AME	A	0.28%	0.22%	0.22%
AMGN	F	0.47%	0.17%	0.17%
AMZN	A	4.2%	0.21%	0.21%
APTV	F	0.15%	0.16%	0.15%
ARE	F	0.21%	0.17%	0.17%
AVB	B	0.34%	0.19%	0.19%
AVGO	C	1.82%	0.2%	0.2%
AXP	B	0.57%	0.21%	0.21%
BA	F	0.33%	0.18%	0.18%
BAC	A	0.95%	0.23%	0.23%
BKNG	A	0.39%	0.24%	0.24%
BLDR	C	0.08%	0.19%	0.08%
BMY	B	0.5%	0.23%	0.23%
BRK.A	B	1.4%	0.2%	0.2%
BRO	B	0.31%	0.21%	0.21%
CAG	F	0.17%	0.16%	0.16%
CAT	B	0.56%	0.22%	0.22%
CE	F	0.05%	0.12%	0.05%
CFG	B	0.25%	0.22%	0.22%
CMS	D	0.31%	0.18%	0.18%
CNP	B	0.27%	0.21%	0.21%
COR	B	0.31%	0.2%	0.2%
COST	B	1.09%	0.19%	0.19%
CPB	F	0.19%	0.16%	0.16%
CRM	B	0.66%	0.25%	0.25%
CRWD	B	0.17%	0.25%	0.17%
CSCO	A	0.8%	0.22%	0.22%
CTAS	B	0.44%	0.21%	0.21%
CVX	A	0.8%	0.21%	0.21%
DAL	A	0.39%	0.27%	0.27%
DE	D	0.43%	0.19%	0.19%
DELL	C	0.15%	0.23%	0.15%
DIS	B	0.49%	0.21%	0.21%
DOC	C	0.3%	0.18%	0.18%
DOV	A	0.33%	0.21%	0.21%
DRI	B	0.3%	0.2%	0.2%
DTE	D	0.31%	0.18%	0.18%
DVN	F	0.17%	0.18%	0.17%
ENPH	F	0.03%	0.1%	0.03%
EQR	C	0.31%	0.18%	0.18%
ESS	C	0.19%	0.18%	0.18%
ETR	B	0.4%	0.22%	0.22%
EXPD	C	0.23%	0.19%	0.19%
EXR	D	0.31%	0.17%	0.17%
FANG	C	0.25%	0.2%	0.2%
FE	D	0.23%	0.18%	0.18%
GLW	B	0.26%	0.22%	0.22%
GOOG	C	1.99%	0.1%	0.1%
GOOGL	C	2.38%	0.12%	0.12%
HAL	C	0.17%	0.21%	0.17%
HBAN	A	0.31%	0.23%	0.23%
HD	B	1.13%	0.2%	0.2%
HIG	C	0.33%	0.19%	0.19%
HUBB	C	0.13%	0.21%	0.13%
HWM	B	0.36%	0.23%	0.23%
IBM	D	0.57%	0.19%	0.19%
IFF	F	0.16%	0.16%	0.16%
ISRG	A	0.59%	0.21%	0.21%
JBHT	C	0.25%	0.22%	0.22%
JNJ	D	1.03%	0.18%	0.18%
JPM	A	1.68%	0.22%	0.22%
K	A	0.34%	0.19%	0.19%
KKR	B	0.47%	0.24%	0.24%
KLAC	F	0.36%	0.17%	0.17%
KMB	D	0.32%	0.17%	0.17%
KO	F	0.79%	0.17%	0.17%
L	A	0.23%	0.2%	0.2%
LH	B	0.32%	0.21%	0.21%
LIN	D	0.67%	0.18%	0.18%
LLY	F	1.52%	0.17%	0.17%
LMT	D	0.61%	0.19%	0.19%
LNT	C	0.32%	0.19%	0.19%
LOW	B	0.57%	0.2%	0.2%
LRCX	F	0.31%	0.19%	0.19%
LULU	B	0.21%	0.23%	0.21%
LYB	F	0.22%	0.17%	0.17%
MA	B	1.15%	0.2%	0.2%
MAA	C	0.27%	0.18%	0.18%
MDT	D	0.51%	0.19%	0.19%
META	B	2.79%	0.21%	0.21%
MGM	D	0.12%	0.19%	0.12%
MMM	C	0.44%	0.19%	0.19%
MOH	F	0.15%	0.17%	0.15%
MRK	F	0.7%	0.16%	0.16%
MRNA	F	0.01%	0.12%	0.01%
MRO	B	0.23%	0.21%	0.21%
MS	A	0.39%	0.26%	0.26%
MSFT	C	6.62%	0.19%	0.19%
MU	D	0.33%	0.22%	0.22%
NDAQ	B	0.24%	0.21%	0.21%
NDSN	B	0.14%	0.19%	0.14%
NEM	F	0.23%	0.15%	0.15%
NFLX	A	0.79%	0.22%	0.22%
NOW	A	0.63%	0.23%	0.23%
NVDA	A	7.38%	0.24%	0.24%
ON	F	0.15%	0.19%	0.15%
ORCL	A	0.75%	0.22%	0.22%
OTIS	D	0.33%	0.2%	0.2%
PANW	B	0.3%	0.22%	0.22%
PEP	D	0.74%	0.18%	0.18%
PFG	C	0.2%	0.2%	0.2%
PG	C	1.06%	0.18%	0.18%
PHM	D	0.3%	0.18%	0.18%
PLTR	B	0.32%	0.32%	0.32%
PPG	F	0.18%	0.18%	0.18%
PPL	A	0.33%	0.19%	0.19%
PRU	B	0.36%	0.21%	0.21%
PYPL	A	0.28%	0.23%	0.23%
QCOM	F	0.33%	0.19%	0.19%
REGN	F	0.22%	0.14%	0.14%
RMD	C	0.25%	0.19%	0.19%
ROST	D	0.32%	0.17%	0.17%
RSG	B	0.35%	0.2%	0.2%
SCHW	B	0.34%	0.24%	0.24%
STLD	C	0.11%	0.24%	0.11%
SYF	B	0.27%	0.26%	0.26%
T	A	0.66%	0.19%	0.19%
TMO	F	0.62%	0.17%	0.17%
TMUS	A	0.52%	0.22%	0.22%
TRGP	B	0.45%	0.25%	0.25%
TRV	B	0.38%	0.21%	0.21%
TSLA	B	1.94%	0.27%	0.27%
TXN	B	0.62%	0.2%	0.2%
UBER	F	0.28%	0.19%	0.19%
ULTA	C	0.24%	0.19%	0.19%
UNH	B	1.41%	0.2%	0.2%
UNP	D	0.52%	0.18%	0.18%
URI	B	0.25%	0.23%	0.23%
V	A	1.27%	0.2%	0.2%
VRTX	B	0.38%	0.19%	0.19%
WBD	B	0.18%	0.21%	0.18%
WFC	A	0.65%	0.26%	0.26%
WM	A	0.45%	0.21%	0.21%
WMT	A	0.96%	0.2%	0.2%
WRB	B	0.2%	0.2%	0.2%
XOM	B	1.4%	0.21%	0.21%
YUM	B	0.33%	0.19%	0.19%
ZBH	C	0.14%	0.2%	0.14%

PHEQ Overweight 55 Positions Relative to RSP

Symbol	Grade	Weight
APO	B	0.3%
ARES	B	0.26%
MRVL	B	0.26%
MELI	D	0.26%
LII	B	0.25%
HEI	A	0.22%
LNG	B	0.22%
MKL	A	0.22%
SSNC	C	0.21%
MSTR	B	0.21%
CSL	B	0.19%
ZM	B	0.19%
TTD	B	0.19%
SPOT	A	0.18%
ALNY	D	0.15%
BAH	C	0.15%
HUBS	B	0.15%
HEI	A	0.14%
COIN	B	0.13%
WDAY	B	0.13%
RBLX	B	0.13%
DASH	A	0.13%
FCNCA	B	0.13%
SQ	B	0.12%
DDOG	B	0.12%
TW	B	0.11%
IBKR	A	0.11%
VEEV	B	0.11%
TRU	D	0.1%
VRT	B	0.1%
SUI	F	0.1%
ZS	B	0.09%
DOX	C	0.09%
DKNG	B	0.08%
NET	B	0.07%
AGR	C	0.07%
SCCO	F	0.07%
YUMC	C	0.07%
SNOW	C	0.06%
ILMN	C	0.06%
AVTR	F	0.06%
TEAM	B	0.06%
LPLA	A	0.05%
SNAP	C	0.05%
OWL	B	0.05%
WLK	F	0.04%
OKTA	C	0.04%
RKT	F	0.04%
RPRX	F	0.04%
BSY	F	0.04%
CPNG	B	0.03%
PINS	F	0.03%
SIRI	C	0.03%
WSM	F	0.02%
WMG	B	0.02%

PHEQ Underweight 350 Positions Relative to RSP

Symbol	Grade	Weight
UAL	A	-0.34%
VST	B	-0.32%
AXON	B	-0.3%
RCL	A	-0.27%
CCL	B	-0.27%
GEV	B	-0.27%
NCLH	B	-0.27%
COF	B	-0.26%
PAYC	B	-0.26%
DFS	B	-0.26%
GNRC	B	-0.26%
RJF	A	-0.26%
TRMB	B	-0.25%
LDOS	C	-0.25%
BKR	B	-0.25%
LYV	A	-0.25%
EQT	B	-0.25%
FTNT	B	-0.25%
DAY	B	-0.25%
EXPE	B	-0.25%
GRMN	A	-0.24%
GM	B	-0.24%
J	D	-0.24%
LW	B	-0.24%
JBL	C	-0.24%
EMR	A	-0.24%
FICO	B	-0.24%
WMB	B	-0.24%
MTB	A	-0.24%
HPE	B	-0.24%
INCY	B	-0.24%
AMP	A	-0.24%
SNA	A	-0.24%
KMI	B	-0.24%
WAT	B	-0.23%
TTWO	A	-0.23%
PNC	B	-0.23%
RF	A	-0.23%
MCK	B	-0.23%
KEY	B	-0.23%
ZBRA	B	-0.23%
BX	A	-0.23%
FAST	B	-0.23%
TPR	A	-0.23%
C	B	-0.23%
ETN	B	-0.23%
NTRS	A	-0.23%
VMC	B	-0.23%
PWR	B	-0.23%
EPAM	B	-0.23%
CPAY	A	-0.23%
FI	A	-0.23%
GWW	B	-0.23%
PCAR	B	-0.23%
INTC	C	-0.23%
GDDY	B	-0.23%
LVS	C	-0.23%
MAR	A	-0.23%
GS	B	-0.23%
APH	B	-0.22%
BK	B	-0.22%
USB	B	-0.22%
PNR	A	-0.22%
DLR	C	-0.22%
CPRT	A	-0.22%
DECK	B	-0.22%
GILD	B	-0.22%
LHX	B	-0.22%
TDY	B	-0.22%
IEX	B	-0.22%
PKG	B	-0.22%
STT	B	-0.22%
NRG	C	-0.22%
IR	A	-0.22%
HON	B	-0.22%
CHTR	B	-0.22%
GEN	B	-0.22%
HLT	A	-0.22%
FFIV	B	-0.22%
MLM	B	-0.22%
CEG	D	-0.22%
ADSK	B	-0.22%
JCI	A	-0.22%
ODFL	B	-0.22%
RL	B	-0.22%
ALB	C	-0.22%
CMI	A	-0.22%
PODD	B	-0.22%
IP	B	-0.22%
WAB	B	-0.22%
OKE	A	-0.22%
PH	A	-0.22%
IT	B	-0.21%
BEN	C	-0.21%
MET	C	-0.21%
ANSS	B	-0.21%
PARA	B	-0.21%
SPG	A	-0.21%
FDS	A	-0.21%
CRL	C	-0.21%
NSC	B	-0.21%
WYNN	C	-0.21%
WST	B	-0.21%
CHRW	A	-0.21%
BWA	B	-0.21%
CAH	B	-0.21%
WTW	A	-0.21%
APD	B	-0.21%
HES	B	-0.21%
PAYX	B	-0.21%
DPZ	C	-0.21%
ORLY	A	-0.21%
ANET	C	-0.21%
MNST	B	-0.21%
AON	B	-0.21%
AIZ	A	-0.21%
CTRA	B	-0.21%
CDNS	B	-0.21%
SLB	C	-0.21%
VTRS	B	-0.21%
ADP	A	-0.21%
IVZ	B	-0.21%
SRE	B	-0.21%
CINF	A	-0.21%
CMCSA	B	-0.21%
HPQ	B	-0.21%
TFC	B	-0.21%
EOG	A	-0.21%
LUV	B	-0.21%
EA	A	-0.21%
PTC	B	-0.21%
FITB	A	-0.21%
MSI	B	-0.21%
CBRE	B	-0.21%
TAP	B	-0.21%
TROW	A	-0.21%
SW	B	-0.21%
SNPS	C	-0.21%
TT	B	-0.21%
PGR	A	-0.2%
TGT	C	-0.2%
KIM	A	-0.2%
MO	A	-0.2%
NTAP	D	-0.2%
PEG	C	-0.2%
ACN	B	-0.2%
HST	D	-0.2%
RTX	D	-0.2%
EQIX	B	-0.2%
F	C	-0.2%
OMC	A	-0.2%
CHD	A	-0.2%
FIS	B	-0.2%
CME	B	-0.2%
EVRG	A	-0.2%
SYK	A	-0.2%
DGX	B	-0.2%
WELL	B	-0.2%
GPN	B	-0.2%
ALL	B	-0.2%
NI	A	-0.2%
ROK	B	-0.2%
MKTX	C	-0.2%
CTSH	A	-0.2%
GL	B	-0.2%
CF	B	-0.2%
TYL	B	-0.2%
BSX	A	-0.2%
INTU	A	-0.2%
KR	A	-0.2%
COP	C	-0.2%
BR	A	-0.2%
DXCM	C	-0.2%
MSCI	B	-0.2%
ATO	B	-0.2%
VRSK	A	-0.2%
NUE	D	-0.2%
PCG	A	-0.2%
KEYS	C	-0.2%
XEL	A	-0.2%
ITW	B	-0.2%
CMG	B	-0.2%
CSX	B	-0.2%
A	F	-0.19%
EMN	D	-0.19%
KMX	B	-0.19%
STX	D	-0.19%
GEHC	D	-0.19%
NXPI	F	-0.19%
WBA	D	-0.19%
IRM	D	-0.19%
CB	C	-0.19%
MMC	D	-0.19%
MOS	D	-0.19%
D	D	-0.19%
SO	D	-0.19%
REG	A	-0.19%
HOLX	D	-0.19%
WDC	D	-0.19%
OXY	F	-0.19%
CARR	C	-0.19%
RVTY	C	-0.19%
TSCO	D	-0.19%
BDX	F	-0.19%
MAS	D	-0.19%
BXP	D	-0.19%
PM	B	-0.19%
ECL	C	-0.19%
VTR	C	-0.19%
CLX	A	-0.19%
TXT	D	-0.19%
AMAT	F	-0.19%
AJG	A	-0.19%
CTLT	D	-0.19%
TECH	D	-0.19%
MCO	C	-0.19%
JNPR	D	-0.19%
TDG	D	-0.19%
POOL	D	-0.19%
TJX	A	-0.19%
PNW	A	-0.19%
SBUX	B	-0.19%
FDX	B	-0.19%
ALLE	D	-0.19%
JKHY	C	-0.19%
VRSN	C	-0.19%
MCD	C	-0.19%
SYY	D	-0.19%
CTVA	C	-0.19%
PSX	C	-0.19%
SOLV	C	-0.19%
DD	D	-0.19%
KVUE	A	-0.19%
ROL	C	-0.19%
CZR	F	-0.19%
AZO	B	-0.19%
AFL	C	-0.19%
FTV	C	-0.19%
TSN	B	-0.19%
SHW	A	-0.19%
WEC	B	-0.19%
VLO	C	-0.19%
GD	C	-0.19%
UPS	C	-0.19%
ROP	A	-0.19%
FCX	F	-0.19%
NOC	D	-0.19%
AIG	B	-0.19%
GE	D	-0.19%
MTD	F	-0.18%
HAS	D	-0.18%
AVY	F	-0.18%
SJM	F	-0.18%
ED	D	-0.18%
CVS	F	-0.18%
CI	D	-0.18%
LKQ	C	-0.18%
UDR	C	-0.18%
VLTO	D	-0.18%
STZ	D	-0.18%
WY	F	-0.18%
HRL	F	-0.18%
EXC	C	-0.18%
IPG	F	-0.18%
MPC	D	-0.18%
CBOE	D	-0.18%
DUK	D	-0.18%
XYL	F	-0.18%
CSGP	F	-0.18%
HSIC	F	-0.18%
NVR	D	-0.18%
CPT	C	-0.18%
EW	F	-0.18%
EG	D	-0.18%
DVA	C	-0.18%
ICE	C	-0.18%
FRT	B	-0.18%
EIX	C	-0.18%
EBAY	C	-0.18%
NKE	F	-0.18%
SPGI	C	-0.18%
ADI	D	-0.18%
HUM	D	-0.17%
CDW	F	-0.17%
EFX	F	-0.17%
GIS	F	-0.17%
DHR	F	-0.17%
NEE	D	-0.17%
FMC	F	-0.17%
MTCH	F	-0.17%
UHS	D	-0.17%
MDLZ	F	-0.17%
KDP	C	-0.17%
DG	F	-0.17%
HCA	D	-0.17%
ES	D	-0.17%
LEN	D	-0.17%
GPC	D	-0.17%
DLTR	F	-0.17%
AWK	D	-0.17%
AEP	D	-0.17%
IQV	F	-0.17%
PFE	F	-0.17%
BG	D	-0.17%
DOW	F	-0.17%
KHC	F	-0.17%
ACGL	C	-0.17%
SBAC	D	-0.17%
INVH	D	-0.17%
HSY	F	-0.17%
MHK	D	-0.17%
O	D	-0.17%
VZ	D	-0.17%
STE	D	-0.17%
ZTS	D	-0.17%
MKC	D	-0.17%
APA	F	-0.17%
AOS	F	-0.17%
BBY	C	-0.17%
BALL	D	-0.17%
VICI	D	-0.17%
PSA	D	-0.17%
TER	F	-0.16%
DHI	D	-0.16%
SWKS	F	-0.16%
IDXX	F	-0.16%
BAX	F	-0.16%
ADM	F	-0.16%
NWSA	B	-0.16%
BIIB	F	-0.16%
CCI	F	-0.16%
SWK	F	-0.16%
CL	F	-0.16%
PLD	D	-0.16%
MCHP	F	-0.16%
FOXA	A	-0.15%
CNC	F	-0.15%
HII	F	-0.15%
TFX	F	-0.15%
FSLR	F	-0.15%
ERIE	F	-0.15%
AMT	F	-0.15%
AES	F	-0.14%
EL	F	-0.14%
ELV	F	-0.14%
MPWR	F	-0.13%
QRVO	F	-0.12%
SMCI	F	-0.09%
FOX	A	-0.08%
NWS	B	-0.05%